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Direction to refund entire sum deposited by complainants with...
Complainants to get full refund + 12% interest p.a. from deposit date till refund for delayed project handover. Force majeure rejected. Appeal partly allowed.
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Direction to refund entire sum deposited by complainants with interest at 12% per annum from date of respective deposit till refund for delay in completion of project and handing over possession of flats - force majeure clause not applicable as held in DLF HOME DEVELOPERS case - appeal allowed in part modifying interest rate from 9% to 12% per annum as per agreement clause.
Direction to refund entire sum deposited by complainants with interest at 12% per annum from date of respective deposit till refund for delay in completion of project and handing over possession of flats - force majeure clause not applicable as held in DLF HOME DEVELOPERS case - appeal allowed in part modifying interest rate from 9% to 12% per annum as per agreement clause.
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